Issues Before the Thirteenth Finance Commission

Govinda Rao, Tapas Sen () and Pratap Jena ()

Working Papers from eSocialSciences

Abstract: The paper argues that irrespective of the wording of the Terms of Reference (ToR), the Commission would do well to focus on its primary task of recommending transfers to serve the objective of equity and incentives. While it is required to take into account a number of considerations, the focus should be on the transfer system. As an impartial body, the Commission should make a fair assessment of the union as well as state governments, ignoring the asymmetries in the wording of the ToR. [WP No. 55].

Keywords: transfer; public; policy; capital inflows; fiscal health; interest payments; deficit; budget liabilities; GDP; finance commission; terms of reference; TOR; India; governments; eauity; incentives; state; union; states (search for similar items in EconPapers)
Date: 2008-10
Note: Institutional Papers
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (4)

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